The following data relates to the financial statements of Emery Ltd: Issued share capital: 200,000 1

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The following data relates to the financial statements of Emery Ltd:

● Issued share capital: 200,000 £1 ordinary shares

● Profit for the year: £6,570

● Retained earnings at the start of the current year: £18,560.

If a dividend of 7p per share is paid, then show the statement of changes in equity.

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Frank Woods Business Accounting Basics

ISBN: 9780273725008

1st Edition

Authors: Frank Wood, Mr David Horner

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